Welcome back to the channel in today's video. We're going to address the the market things things are looking like we're about to take another plunge downwards right so in today's video. We're going to address the nasdaq. The spy and i'm going to tell you some levels that y'all should be keeping on watch that we might hit on the way down right.

And i'm also going to be doing some updates on some stocks that i've mentioned previously now before we begin do not forget to annihilate the like button on your way in here all right and also don't forget to click on that subscribe button. If you haven't done so already so let's let's get right into it right off the bat um. I told y'all in the last video uh. It was it was kind of a warning.

I gave you a warning watch out for the resistance at 3900 with the spy. All right it was kind of obvious because of the way the because of the way. The trends are going right it looks like it wants to form it looked like it was looking to form a bull flag right. And it is still a bull flag until until it gives out is either gonna give out or is going to break out i'm more on the i'm a little bit more bearish and i think that this is actually not going to play out in favor of the longs.

So um in regards to the spy like we may open up a little bit higher tomorrow like let's say we open up. At. 38 55. Right.

And then it chills there for a little bit. And then we take another plunge downwards. So the rejection at 3 900. Was clean.

It happened. I think was at like. 10. O'clock.

Or 11. O.'clock. Actually. No that was the morning.

So. The spy. Rejected in the morning and then it fell off even harder as the market open. It was the nasdaq that actually went up a little bit higher and then started to slow down and then fell all right so with with the spy.

Obviously the first level to watch being like over over here in the middle is i don't know how long it's going to stay in the middle um. But hopefully it doesn't stay in the middle for too long right. But i think the first level is right here. We're going to drop here to three thousand seven hundred and like seventeen and fifteen all right or i i think we're going to get there and then over there it may try to bounce.

But it's going to be weak and then when that happens. It's going to be like another another scenario of one of these right you see how we have this flag right here. We had another one back here. And it looked like it wanted to do something crazy right.

Some people were very optimistic with the way. This was looking and then it just could not hold right there. This is. When um ish hit the fan.

And everything just went all the way down all right so i think that we may experience something similar with the spy. All right now let's look at the nest egg. Let's look let's i'm going to give you another perspective because the nasdaq structure is slightly different that's why i'm leaning. But it's slightly different and it's cleaner to the downtown.

Which is why i'm leaning more bearish. So we have this thing right there right it's it's right there you see it it's right there. It's been cooking for a while atojo will be cooking it needs more time to go sideways and right now. It's doing just that it's it's behaving.

So well so so so well right we got the rejection at uh. It didn't quite get to twelve thousand and two hundred like i told y'all. In the morning. It got to i think i was like fifteen dollars off.

Yeah from that price and then at noon everything just started to fall. But right now again how long is it going to keep cooking. I don't think it's going to keep cooking for long. I think i think we're going to drop first level is right here right and then um and then we go down like we go real low.

I think i think it's gonna go real real low. So watch watch that again i'm just making these videos to to to make your dude to to allow you to be more prepared just giving y'all. My thoughts on what may happen within the next few days and so far i mean throughout the past few weeks. I've been very very accurate on the the exact price that we've been hitting right along the twist and the turns and i think that it's going to perform really really well and this is going to be a really good trade all right so um watch watch the nasdaq for a drop to the bottom line.

Eleven thousand and seven hundred and then in another video. We will address the situation now uh let's do some updates. Um. This morning well actually not this morning last night.

I released a video of the top three stocks now the good news is it did really really well. But the bad news is um. It didn't open up at the exact price everything just gapped up so there wasn't really much opportunity to make some money if you didn't get in when like everything was shown. I'm gonna let's do a recap all right so we got f right here and i told y'all to watch this one for a.

Jump all the way up to all the way up to 1250. Right. So the majority of the move was made right over here like the bulk of the money was made right here. This this was the time today was pretty much a time to collect money off the table.

Right and this is the appropriate entry for f right. Here again this this right there at around like midday at 12 30. Pm that is the right time instead of taking f. We actually took a trade on paypal like we saw all of there was a lot of choices to make and all of them were clean right so i just lined them up here some people may have bought ford right.

But i chose paypal again the majority of stocks paid off. And what happened with paypal let's go back to tank or swim. I guess. This is a little bit of a trade recap so what happened with paypal like we started getting in at.

Noon like where when i started posting these. Photos right at like 7250. And then i ended up selling my contracts. A little bit like in the morning definitely in the first 30 minutes.

I started selling yeah right here at around like i sold some at 8 36. Which was right when it hits well right when it was hovering at like 76. And then i was just waiting to see what it would do next. And then at nine o'clock.

I was completely out of all of my calls. Because i saw that thing kind of like rolling over right here. And i didn't like that right so i just decided to take all my money off the table ultimately. I missed the top by 50 cents.

Which is fine like those contracts didn't move that much right. But the thing that we wanted to avoid was this massive downtrend right here right so where is paypal going to go again. I'm bearish on the market. I think we're going to fall.

And i think this is not going to play out completely that's why i got out right. I think. It's going to go all the way down to like 72 bucks. Like it may reach us.

74. 70. 75. Actually and then continue lower that's that's my thoughts on paypal and in regards to.

Ford i think ford is probably going to retest 1160. I'm not i'm really not bullish on like a lot of stocks. I'm not bullish at all especially. When the nasdaq is continuously cooking.

Now let's do an update on one main semiconductor stock which i've shared with y'all last week. Hopefully. Y'all. Made some good money on there right it was performing really well and i told y'all.

Again. I told y'all to watch tsm. After earnings for a giant move all the way up to 87. I was off by like 50 cents on this one again like it was off by 50.

Cents it went to 8650. It never got to 87. So the time to get out and to collect all of your money. Hopefully you did was right here right this is when you get out you exit.

And you're not greedy. Then you're happy with your gains and then you can short later. If you want or you can just chill and wait for like something else or but this this right here was the main move and hopefully. Y'all.

Were able to make some money on that plate now. Where is it going to go next again. I'm very bearish on the market. And this is not looking good.

I think we plunge. I think eighty dollars next. Very very soon um. That's that's mohan's thoughts on it and the last one that i wanted to share with all of you is qcom.

I told y'all to watch this one for a move up to 150 and out the gates. It got it was looking really really weak so like it jumped up. Which was great again um. It jumped up so the the money that was supposed to be made was right here and then we collect right there before things start falling down just like tsm right so that's pretty much the um.

An update on all of these stocks right and that is the end of the video again do not forget to annihilate the like button for the youtube. Algorithm as always helps channel a lot and allows more people to get this knowledge as well also if you are new to the channel. And you haven't done so already definitely click on subscribe and click on the notification. Bell along with all notifications that way you don't miss out on future uploads.

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Yet you can find me at paul and guma in our better knowledge lab on instagram and on twitter and lastly. If all of this is brand new to you if you're interested in getting started. In the stock market. Let some very basic step by step directions in the description of the video below step one to step three no one takes about 15 minutes or less for you to get started with all the tools you need to start trading.

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